The non-executive role on subsidiary boards: this was the theme of the roundtable organised by NEDonBoard in March 2023. The objectives of roundtable discussions are to provide a safe and enjoyable environment for members to share their experience, build and nurture relationship with board level peers and advance governance practices. Attendees: Susanne Alfs…
One year on from the Russian invasion of Ukraine, it is clear geopolitical uncertainty is here to stay. Boards should act by ensuring their organisations have robust scenario-planning processes in place. That is one of the key messages for boards coming out of the new Chartered IIA and Airmic report ‘Navigating Geopolitical Risk’. The…
The use of artificial intelligence (AI) is growing rapidly across the world, changing whole sectors, creating business opportunities and with the potential to drive economic growth and transform lives. It can, however, cause damage and harm to organisations using it and wider society so it has to be effectively controlled and managed by all…
In this blog, we explore the role of the board and non-executive directors in driving innovation. Innovation is important in the boardroom because it drives growth, competitiveness, and long-term success for the organisation. Innovation can be a key factor in determining the organisation’s ability to adapt to changing markets and customer needs, and to…
Financial lines insurance market: what you need to know as a NED in 2023 Navigating today’s business environment is a huge task. Tightening regulations, increasing class action litigation, emerging technologies and increasing level of public and government scrutiny are all challenges presented to directors and officers. There are also emerging risks such as increasingly…
In this blog, we remind you of important themes for non-executive directors that define the role and responsibilities of those serving on a board. Ensuring effective business governance. Non-executive directors play a key role in ensuring that a company has strong and effective governance and decision-making practices in place. This includes overseeing the work…
The current economic climate is demanding more of management. Boards need to look to non-executive directors for guidance on handling these challenges, while thinking about taking opportunities. The final quarter of 2022 is seeing business squeezed by challenges in both supply and demand, and it looks likely that the UK will slip into recession by the end…
Conflicts of interest abound at board level. They are an important issue that all NEDs and boards have to handle. Conflicts distort decision-making and have the potential to undermine the integrity of boards. Recognising a conflict can be more complicated than you might think. Guest speakers James Whitaker co-leads Mayer Brown’s global Environmental,…
“How many times and in what contexts do the words “green”, “eco” and “sustainable” appear in your company’s financial statements, press releases and marketing materials?” Although this question has probably not yet featured in a proposal for Directors & Officers liability insurance, it is one which external regulators and other stakeholders are examining with…
